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Balancer V3 officially launches on Avalanche: sAVAX leads a new wave of composable Decentralized Finance.
According to official news from Benqi, the decentralized trading and asset management protocol Balancer has officially deployed its V3 version to the Avalanche Mainnet, opening a new chapter of composable DeFi in the Avalanche ecosystem. This integration not only unlocks more efficient yield channels for Liquidity Providers (LPs), but also builds a multi-protocol linked yield engine centered around sAVAX.
Multi-protocol integration: Creating a native yield machine
The deployment of Balancer V3 on Avalanche marks the official arrival of a highly composable DeFi infrastructure. One of its featured pools — sAVAX / ggAVAX / WAVAX — combines three native Avalanche assets, leveraging Balancer's dynamic fee mechanism and Aave's integrated Boosted pool design to achieve:
●Native AVAX staking rewards (through sAVAX) ●Additional earnings brought by the lending protocol (through Aave) ●Multi-level yield stacking ● Stronger liquidity and protocol coverage
This pool provides Liquidity Providers with both the breadth of the protocol and the depth of yields, allowing them to maintain asset Liquidity while obtaining continuous returns.
sAVAX: A bridging asset that combines Liquidity and yield
sAVAX, as a liquidity staking token issued by BENQI, not only provides users with the native yield from AVAX staking but also has liquidity and can be directly used in multiple DeFi protocols. In this integration with Balancer V3, sAVAX is further used as a bridge asset to access complex DeFi strategies, seamlessly connecting staking activities with advanced yield-combining strategies.
The user participation path is clear and concise.
Users can participate in the profit opportunities brought by this integration through the following process:
This integration introduces a true multi-protocol yield integration model to the Avalanche ecosystem, transforming composability from a concept into practice and establishing a new cornerstone for yield strategies.
For more information about the deployment of Balancer V3 on Avalanche or to participate in Liquidity Provision, please visit: Balancer V3 pool link:
BENQI Platform: